Mission Viejo House Prices – December 2005′

by Vincent Bindi on January 2, 2006

Mission Viejo detached House prices have increased substantially since December of last year.  Recently though, the Mission Viejo and Orange County real estate makret has slowed down considerably. 

Currently, there are 166 detached houses listed for sale in Mission Viejo ranging in price from $469,900 for a 2 bedroom, 1 bath, 965 Square Foot home in the retirement community of Casta Del Sol, on up to a house for sale for $3,295,000 with 5 bedrooms, 5 baths, and 5,264 square feet located lake front on Lake Mission Viejo.  The median priced house currently for sale is $799,900 and the average price per square foot is $420/SqFt.

On this day, there are currently 76 detached houses Pending in escrow.  The lowest priced house is a 3 bedroom, 2 bath 1,472 square feet $549,990 in the retirement community of Casta Del Sol, and the most expensive asking price is $1,299,000 for a  4 bedroom, 4.5 bath, 3,403 square foot.  The median priced home is $749,000 for a 3 bedroom, 2.5 bath, 2,036 square foot.

For the month of December, there were 57 detached houses in Mission Viejo that sold and closed escrow.  The lowest priced house sold for $521,900 for a 2 bedroom, 2 bath, 1,060 square foot and the most expensive house that sold in December in Mission Viejo was $1,215,000 for a 5 bedroom, 3 bath, 3,100 square foot property. The median price of houses sold and closed in December was $713,000 and the average price per square foot was $397/SqFt. The average days in market was 48 days.  

For the month of December of 2004′ there were 107 detached houses that sold and closed escrow and the median price was $555,000 and the average price per square was $348/SqFt with an average days on market of 60 days. This represents a 14% gain in the price per square foot for detaches houses in Mission Viejo and a 28% gain in the Median priced houses in the past year.

If you would like to view all homes for sale in Mission Viejo in the MLS, visit our website at:  Mission Viejo Real Estate